Key Takeaways from Cheetah Mobile Inc ADR (CMCM)’s Recent Sales and Margin Figures

At the time of writing, Cheetah Mobile Inc ADR [CMCM] stock is trading at $3.01, up 12.31%. An important factor to consider is whether the stock is rising or falling in short-term value. The CMCM shares have gain 31.44% over the last week, with a monthly amount glided 26.47%, and seem to be holding up well over a long-time horizon.

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On 21, March 2024, Cheetah Mobile Announces Second Half and Full Year 2023 Unaudited Consolidated Financial Results. In a post published today on Yahoo Finance, Cheetah Mobile Inc. (NYSE: CMCM) (“Cheetah Mobile” or the “Company”), a leading internet company, today announced its unaudited consolidated financial results for the second half and full year 2023 ended December 31, 2023.

From an analyst’s perspective:

Previously, Nomura downgraded its rating to Neutral on March 26, 2019. On August 20, 2018, upgrade upgraded it’s rating to Buy. Macquarie downgraded its rating to a Underperform. Credit Suisse initiated its recommendation with a Neutral. Nomura reiterated a Neutral rating for this stock on August 23, 2017, and upped its price target to $12. In a note dated February 13, 2017, Instinet initiated an Neutral rating and provided a target price of $10 on this stock.

For the past year, the stock price of Cheetah Mobile Inc ADR fluctuated between $1.64 and $2.98. Cheetah Mobile Inc ADR [NYSE: CMCM] shares were valued at $3.01 at the most recent close of the market.

Analyzing the CMCM fundamentals

According to Cheetah Mobile Inc ADR [NYSE:CMCM], the company’s sales were 94.56M for trailing twelve months, which represents an -31.83% plunge. Gross Profit Margin for this corporation currently stands at 0.75% with Operating Profit Margin at -0.09%, Pretax Profit Margin comes in at -0.89%, and Net Profit Margin reading is -0.94%. To continue investigating profitability, this company’s Return on Assets is posted at -0.01, Equity is -0.01 and Total Capital is -0.0.

Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 2.65 points at the first support level, and at 2.28 for the second support level. However, for the 1st resistance point, the stock is sitting at 3.36, and for the 2nd resistance point, it is at 3.71.

Cheetah Mobile Inc ADR [CMCM] reported earnings per share of -$1.23 for its fiscal quarter that ended on 12/30/2019. Based on the Wall Street analysts’ estimates, the company was expected to report earnings of -$0.29/share, meaning a difference of -$0.94 and a surprise factor of -324.10%. By comparison, the stated earnings for the previous quarter ended on 9/29/2019 were $0.49 per share as compared to estimates of $0.14 per share, a difference of $0.35 representing a surprise of 250.00%.

Ratios To Look Out For

It is important to note that Cheetah Mobile Inc ADR [NYSE:CMCM] has a current ratio of 1.27. On the other hand, the Quick Ratio is 1.61, and the Cash Ratio is 0.84. Considering the valuation of this stock, the price to sales ratio is 0.31, the price to book ratio is 0.07.

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